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MANULIFE FINANCIAL CORP (MFC.CA) Stock Technical Analysis

TSX:MFC - Toronto Stock Exchange - CA56501R1064 - Common Stock - Currency: CAD

42.14  +0.21 (+0.5%)

Technical Rating and Analysis

5

Taking everything into account, MFC scores 5 out of 10 in our technical rating. Although MFC has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.

The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Looking at the yearly performance, MFC did better than 79% of all other stocks.
MFC is part of the Insurance industry. There are 80 other stocks in this industry. MFC outperforms 88% of them.
MFC has an average volume of 7836900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
MFC is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month MFC has a been trading in the 36.93 - 46.37 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
MANULIFE FINANCIAL CORP / MFC Weekly stock chart
MANULIFE FINANCIAL CORP / MFC Daily stock chart
Setup Rating and Analysis

8

Although the technical rating is only medium, MFC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 42.18. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 39.55, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

37.79

46.82

When analyzing the support we notice one important area.

  • A support zone ranging from 38.17 to 39.55. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 3 important resistance areas.

  • A resistance zone ranging from 42.18 to 42.38. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @45.14 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 46.06 to 46.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.13
Mansfield0.75
10 Day High42.61
10 Day Low38.93
20 Day High46.37
20 Day Low36.93
52 Week High46.42
52 Week Low32.87
Performance
1 Week7.17%
2 Weeks8.19%
1 Month-4.36%
3 Month-3.04%
6 Month2.46%
12 Month28.24%
2 Year57.53%
3 Year67.75%
5 Year140.39%
10 Year91.89%
15 Year130.02%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.31
RSI(14)53.12
LBB37.72
UBB42.75
MANULIFE FINANCIAL CORP / MFC Daily stock chart

MANULIFE FINANCIAL CORP

TSX:MFC (4/28/2025, 7:00:00 PM)

42.14

+0.21 (+0.5%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.5%
1 Week7.17%
2 Weeks8.19%
1 Month-4.36%
3 Month-3.04%
6 Month2.46%
12 Month28.24%
2 Year57.53%
3 Year67.75%
5 Year140.39%
10 Year91.89%
15 Year130.02%
Volatility
ATR(14)1.48
ATR(20)%4.16%
ATR Inc-67.27%
Range Today0.63
ADR(20)1.48
ADR(20)%3.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.13
Mansfield0.75
10 Day High42.61
10 Day Low38.93
20 Day High46.37
20 Day Low36.93
52 Week High46.42
52 Week Low32.87
CS1 End39.55
CR1 Start42.18
Volume & EV
DER(3)0.51%
DER(5)2.53%
Volume8.67M
Volume Incr0.68%
Vol(5)6.38M
Vol(50)7.84M